STOUGHTON, Mass.--(BUSINESS WIRE)--Randolph Bancorp, Inc., a Massachusetts corporation and the proposed holding company for Randolph Savings Bank, announced today that, based upon preliminary results, the subscription offering that closed on June 15, 2016 was oversubscribed in the first category of the subscription offering by eligible depositors as of December 31, 2014. The Bank received orders in excess of the adjusted maximum of the offering range (5,686,750 shares) and no further orders will be accepted. The number of shares to be sold in connection with the conversion and stock offering will be based on a final appraisal and receipt of final regulatory approvals. The Company is currently processing the orders and will provide allocation information as soon as it is available, which is expected to be during the week of June 27, 2016. At such time if you are a first category subscriber and would like to confirm your allocation, you may contact the stock information center at (877) 821-5783 (toll free) from 10:00 a.m. until 4:00 p.m., Eastern Time, Monday through Friday. This information will also be available online at https://allocations.kbw.com/. Keefe, Bruyette & Woods, Inc., A Stifel Company is acting as selling agent in the subscription offering and serving as financial advisor to the Company and the Bank in connection with the conversion.